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SAUDI | GLOBAL | 19 October 2026
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Raoom completes acquisition of Hail glass-factory assets

Raoom Trading completed the acquisition of operating glass-factory assets in Hail Industrial City, according to a company disclosure reported by Argaam on 6 October.

Raoom completes acquisition of Hail glass-factory assets
THE STORY

News briefing · 6 October 2026

Raoom logo
Raoom logo reproduced for organisation identification; source: Argaam.

Raoom Trading completed the acquisition of operating glass-factory assets in Hail Industrial City, according to a company disclosure reported by Argaam on 6 October.

The completion includes the transfer of assets and contracts associated with the operation. The purchase agreement, valued at SAR 15 million, was originally announced in December 2025.

Raoom expects the financial impact to appear in the fourth quarter of 2026. That timing is management’s expectation; the final contribution will depend on the factory’s activity and subsequent financial reporting.

Source: Argaam. Reporting date: 2026-10-06.

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